Electronic Investor

Do-It-Yourself Portfolio Management

With these online services, who needs the pros?

MANY OF US WOKE UP NEW YEAR'S DAY wondering where the heck our investment portfolios had gone, and why, once again, we had failed to learn the lesson of prior market crashes: Even the smart money sometimes is dumb, including the pros to whom we entrust our money.

If the past year's returns are as good as Wall Street's best and brightest can do, you might as well do it yourself, says Mitchell Tuchman, CEO of MarketRiders (www.marketriders.com), a new investment-advisory service for D-I-Y investors. At the very least,...